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A Guide to Coworking in Vancouver

Posted on: 27th August 2024

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A Guide to Coworking in Vancouver

Vancouver’s coworking scene has flourished in recent years. It reflects the city’s growing demand for flexible, collaborative work environments.

As a major economic hub on Canada’s West Coast, Vancouver is home to a diverse range of industries. They include film and media, technology, tourism, and green energy. The city’s thriving business ecosystem has contributed to the rise of coworking in Vancouver.

Freelancers, startups, and remote workers enjoy a range of options to suit their needs. These shared workspaces go beyond providing desks and WiFi, fostering a sense of community, and helping create networking and collaboration opportunities.

Located between the Pacific Ocean and the mountains, Vancouver is full of natural beauty and has a high quality of life. It is an attractive destination for anyone seeking a healthy work-life balance.

In this guide, we will explore what makes Vancouver particularly ideal for coworking and how your business could benefit.

Geography of Vancouver

Vancouver’s economy has evolved over the years. It started with a focus on natural resources, but now it is home to diverse industries such as technology, film, and tourism. Economists project the city’s economic growth rate will be 2.8% in 2024.

It is important for businesses to know about the options for shared office space in Vancouver, BC. Coworking spaces offer flexible and affordable options for companies. This flexibility helps businesses grow and connect with other professionals.

9 Benefits of establishing your company in Vancouver

Vancouver is more than a beautiful city with a stunning natural backdrop. It’s also a thriving center for business. Here are nine reasons why setting up your company in Vancouver could be a smart decision.

1. Economic powerhouse

Vancouver is a top spot for technology and innovation. It attracts a wide range of tech companies, from startups to big names. The city offers a rich pool of talent, good funding opportunities, and a supportive business atmosphere.

This vibrant tech ecosystem provides an ideal environment for coworking spaces. They can leverage these resources to offer businesses unparalleled networking opportunities and access to skilled workers.

The Port of Vancouver handles about $305 billion in goods with over 170 trading partners. This underscores the city's global economic significance and shows how businesses here will have direct access to global markets and supply chains.

2. Thriving technology sector

Vancouver has become a leading center for technology and innovation. It’s proven attractive to major technology companies such as Microsoft, Amazon, Apple, and Hootsuite.

This concentration of tech companies provides direct access to potential partners and clients. It fosters an environment ripe for collaboration and knowledge exchange.

Vancouver is also now the fastest-growing tech job market in North America, with tech jobs increasing 69% from 2017 to 2022. The city is home to over 1,100 tech companies, making it Canada’s second-largest tech hub.

The city's dynamic tech community offers businesses many opportunities to network and access a steady pipeline of skilled talent.

3. Sustainable low-cost advantage

Vancouver is committed to sustainability. Focusing on clean energy and emissions reduction gives businesses a cost advantage. The city’s CleanBC Roadmap to 2030 includes efforts to use more renewable energy.

Its goal is to have over 98% of Vancouver’s energy coming from sources like hydropower. This clean energy focus allows businesses to reduce energy costs while promoting their environmental responsibility.

Additionally, Vancouver's green building standards promote energy-efficient construction and renovation. This can help businesses lower utility costs and operate more sustainably.

The city's robust public transit system also reduces commuting expenses for employees. It encourages eco-friendly transportation while helping keep costs lower.

4. Multicultural city

Vancouver has a diverse population, which is a big plus for businesses setting up in the city. Its mix of cultures enriches its neighborhoods and cultural events, creating a vibrant social atmosphere that fosters creativity.

This diversity can help in product development and worldwide customer service too. With it, businesses can take advantage of a deeper understanding of different markets to ensure their services and products are tailored for different cultures.

Diverse teams also bring creativity and better problem-solving, leading to improved business performance.

Vancouver’s blend of cultures offers valuable language skills and insights. These can allow businesses to navigate global markets effectively and connect with international clients.

5. Accessible incorporation process

British Columbia offers a simple and affordable way to incorporate a business, allowing companies to quickly become legal entities. This gives them access to key benefits like limited liability, continuous operation, and legal protection.

The simplicity of this process empowers business owners to focus on growth. It also allows them to capitalize on the abundant commercial opportunities available in Vancouver’s dynamic economy.

6. Gateway to Asia Pacific

Vancouver’s location on Canada’s West Coast makes it a key link between North America and Asia.

With its diverse population and ties to Asia, Vancouver is ideal for businesses aiming to reach Asian markets. This position offers access to a skilled workforce, unique cultural insights, and a global competitive edge.

7. Innovation hub

Vancouver’s welcoming culture, great location, and strong universities make it an innovation hub.

The city’s Innovation Hub at Emily Carr University focuses on design solutions. They foster creativity and practical problem-solving.

The Innovation Hub at YVR airport actively tests new technologies. This offers businesses the opportunity to collaborate on cutting-edge advancements in travel and logistics.

Canada’s Immuno-Engineering and Biomanufacturing Hub at UBC advances medical technology, driving progress in healthcare.

These initiatives show Vancouver’s commitment to medical and technological advancements. They provide a fertile ground for businesses to innovate and grow.

8. Emergence as a center for global business

Vancouver is growing as a center for global business services, attracting international companies to establish global or regional service centers.

The city offers a strategic location, high quality of life, and a skilled multilingual workforce. It also serves as a gateway to the Asia-Pacific region, helping companies connect with overseas markets.

But it is becoming important for industries like forestry, tech, mining, and finance. This shows its potential to grow into a major business capital.

9. Entertainment and culture in Vancouver

Vancouver is famous for its exciting entertainment and cultural scene. It has top venues like the Orpheum Theatre and a lively music and comedy scene on Granville Street.

These options help companies entertain clients, attract talent, and support employee work-life balance.

Vancouver also has a great food and nightlife scene. It’s perfect for dining with clients or relaxing after work, offering businesses a unique blend of professional and recreational opportunities.

How much are coworking memberships in Vancouver?

Coworking spaces in Vancouver are often cheaper than in Toronto or Markham. For example, a basic desk in Vancouver costs about CAD 79 per hour. In Toronto or Markham, the same space costs about CAD 125 per hour. This makes Vancouver a good option for businesses trying to save money.

The best coworking spaces in Vancouver

There are many options for shared workspace in Vancouver to suit different businesses. These shared workspaces appeal to any company seeking a flexible and collaborative environment.

Entrepreneurs, startups, and larger businesses can find a professional home base here.

Here are 10 shared offices in Vancouver to consider.

Best coworking space for startups in Vancouver - 550 Robson Street

550 Robson Street is the ideal coworking space for startups seeking a vibrant, adaptable environment.

This center offers coworking spaces in Kitsilano, close to Downtown Vancouver, and provides quick access to key business areas and transport links. This puts startups in the heart of Vancouver's business ecosystem.

After work, enjoy a variety of restaurants, bars, and cultural attractions nearby. This spot is ideal for businesses that need professional space that can adapt to their needs.

Highlights include

  • Collaborative breakout areas
  • Business lounge
  • Fully equipped meeting rooms

Information about 550 Robson Street

  • Location: 550 Robson Street, Vancouver, BC V6B 2B7
  • Starting cost: Prices available upon request
  • Opening hours: 24-hour access for Private Office and Dedicated Desk members, 8:30 am to 5:30 pm weekday access for other members
  • Nearby transport links: NB Seymour St @ Robson St Bus Stop (a one-minute walk away), WB Robson St @ Granville St Bus Stop (a one-minute walk away), and Vancouver City Centre Metro Station (a three-minute walk away)

Best coworking space for networking in Vancouver - Park Place

Park Place is a standout 35-story building in Vancouver’s financial district. This prestigious address sits opposite the train station, offering excellent accessibility.

Nearby eateries and amenities provide perfect spaces to meet with clients. Its floor-to-ceiling windows fill the space with natural light, creating an inspiring work environment.

This shared office in Vancouver enjoys easy access to key business districts, making networking convenient.

Highlights include

  • Gym and fitness room
  • Disabled facilities
  • On-site lunch restaurant

Information about Park Place

  • Location: 666 Burrard Street, Vancouver, BC, V6C 3P6
  • Starting cost: From CAD 365 per month
  • Opening hours: 24-hour access for Private Office and Dedicated Desk members, 8:30 am to 5:30 pm weekday access for other members
  • Nearby transport links: Burrard Metro Station (a one-minute walk away), SB Howe St @ Dunsmuir Bus Stop (a one-minute walk away), and Burrard Stn Bay 7 Bus Stop (a one-minute walk away)

Best coworking space for remote workers in Vancouver - Green Lamp

Green Lamp offers coworking office space in Vancouver’s lively downtown area. This flexible workspace combines modern design with functionality. It features floor-to-ceiling windows, glass floors, and sophisticated décor.

The location is perfect for professionals looking to balance work and leisure. It is in a dynamic business and cultural district. There is easy access to museums, galleries, and vibrant nightlife.

Its central location also provides easy access to transportation. It is ideal for businesses seeking a professional yet flexible workspace in downtown Vancouver.

Highlights include

  • On-site parking
  • Lounge area
  • Outside seating area/terrace

Information about Green Lamp

  • Location: 410 West Georgia Street, Vancouver, BC, V6B 1Z3
  • Starting cost: From CAD 329 per month
  • Opening hours: 24-hour access for Private Office and Dedicated Desk members, 8:30 am to 5:30 pm weekday access for other members
  • Nearby transport links: WB W Georgia St @ Homer St Bus Stop (a one-minute walk away), NB Seymour St @ W Georgia St Bus Stop (a four-minute walk away), and Vancouver City Centre Metro Station (a five-minute walk away)

Best coworking space for small teams in Vancouver - 151 West Hastings Street

151 West Hastings Street features flexible coworking space in the historic district of Gastown. The Romanesque building combines historical charm with modern workspace amenities, providing small teams with an inspiring environment that meets their needs.

A beautiful rooftop deck complements shared desks and equipped meeting rooms. These offer versatile spaces where small teams can collaborate effectively and meet with clients.

It’s close to the Waterfront Station, making it easy to travel across the city. This business hub is near trendy boutiques and gourmet restaurants, providing ideal spots for leisure and client entertainment.

Its central downtown location allows small teams to easily connect with potential partners and clients in this vibrant business hub.

Highlights include

  • Showers
  • Bicycle storage
  • Outdoor seating area/terrace

Information about 151 West Hastings Street

  • Location: 151 West Hastings Street, Vancouver, BC V6B 1H4
  • Starting cost: From CAD 375 per month
  • Opening hours: 24-hour access for Private Office and Dedicated Desk members, 8:30 am to 5:30 pm weekday access for other members
  • Nearby transport links: EB W Hastings St @ Abbott St Bus Stop (a one-minute walk away), EB W Cordova St @ Homer St Bus Stop (a one-minute walk away), and Waterfront Station (an eight-minute walk away)

Best coworking space for entrepreneurs and freelancers in Vancouver - 1090 Homer Street

You’ll find 1090 Homer Street in Yaletown, Vancouver’s trendy former warehouse district. This workspace boasts red brick and wood beams combined with modern interiors.

This blend of historical charm and contemporary design creates a distinctive environment that attracts many entrepreneurs and freelancers.

This location is easy to reach. There are local buses, the Skytrain, and Seabus stops nearby, making commuting straightforward.

The open-plan communal areas encourage collaboration, while the on-site café and nearby restaurants and bars provide perfect venues for celebrating after work.

Highlights include

  • Disabled facilities
  • On-site lunch restaurant
  • Business lounge

Information about 1090 Homer Street

  • Location: 1090 Homer Street, Vancouver, BC V6B 2W9
  • Starting cost: From CAD 445 per month
  • Opening hours: 24-hour access for Private Office and Dedicated Desk members, 8:30 am to 5:30 pm weekday access for other members
  • Nearby transport links: Yaletown-Roundhouse Subway Station (a four-minute walk away), SB Cambie St @ Nelson St Bus Stop (a five-minute walk away), and NB Seymour St @ Nelson St Bus Stop (a five-minute walk away)

Most accessible coworking space in Vancouver - MNP Tower

The MNP Tower is an award-winning waterfront building in Vancouver. This prestigious location offers stunning views of the mountains and the harbor. It combines a historic University Club façade with airy light-filled interiors, creating an inspiring work environment.

This coworking office in Vancouver is near Highway 99, train stations, the Seabus, and Harbour Airport. This makes MNP Tower one of the most accessible workspaces in Vancouver.

There’s an on-site restaurant, plus bars, cafes, and fitness facilities at the nearby Oxford Place. Other features include secure underground parking and a sandwich service, ensuring professionals have everything they need for a productive workday.

Highlights include

  • Disabled facilities
  • Secure underground parking
  • Outside seating area/terrace

Information about MNP Tower

  • Location: 1021 West Hastings Street, Vancouver, BC V6E 0C3
  • Starting cost: Prices available upon request
  • Opening hours: 24-hour access for Private Office and Dedicated Desk members, 8:30 am to 5:30 pm weekday access for other members
  • Nearby transport links: WB W Pender St @ Burrard St Bus Stop (a two-minute walk away), Burrard Metro Station (a four-minute walk away), and Waterfront Rail Station (a six-minute walk away)

Coworking space with the best transport options in Vancouver - RBC Canada Building

The RBC Canada Building offers coworking space in Downtown Vancouver that is ideally situated for professionals prioritizing convenient transport.

Key transport locations like the Granville, Burrard, and Vancouver City Centre Stations are nearby. These offer direct access to the city's major neighborhoods.

The building features a striking seven-story glass atrium and is steps away from the Pendulum Gallery, providing an inspiring environment.

Close to diverse dining and shopping options, this space is also near the waterfront. This makes it perfect for client entertainment or taking a break to enjoy the scenic views.

With exceptional transport connectivity, this space for coworking in Vancouver makes commuting and city navigation effortless.

Highlights include

  • On-site sandwich/coffee bar
  • Gym and fitness room
  • Secure underground parking

Information about RBC Canada Building

  • Location: 885 West Georgia Street, Vancouver, BC V6C 3E8
  • Starting cost: Prices available upon request
  • Opening hours: 24-hour access for Private Office and Dedicated Desk members, 8:30 am to 5:30 pm weekday access for other members
  • Nearby transport links: Burrard St at W Georgia St Bus Stop (a two-minute walk away), Vancouver City Centre Metro Station (a three-minute walk away), and Granville Metro Station (a six-minute walk away)

Coworking space with the best parking in Vancouver - CF Pacific Centre

The CF Pacific Centre is a prominent building in downtown Vancouver’s business district. Strategically located between two Skyline stations, it provides convenient access to local areas and the wider city.

Its secure underground parking is available to all tenants. This offers a convenient solution for those commuting by car, ensuring peace of mind and easy access.

On the 15th floor, the coworking space features inspiring city views, ergonomic furniture, and fast WiFi in a stylish, ready-to-use environment. Nearby, you'll find a variety of shops, restaurants, and public transportation options, creating a balance between work and leisure.

This workspace fosters a collaborative environment where professionals can network and build connections. It’s an ideal setting for businesses seeking a central coworking space with secure, hassle-free parking.

Highlights include

  • Secure underground parking
  • Outside seating area/terrace
  • On-site lunch restaurant

Information about the CF Pacific Centre

  • Location: 701 West Georgia Street, Vancouver, BC V7Y 1G5
  • Starting cost: Prices available upon request
  • Opening hours: 24-hour access for Private Office and Dedicated Desk members, 8:30 am to 5:30 pm weekday access for other members
  • Nearby transport links: Vancouver City Centre Metro Station (a one-minute walk away), West Georgia Street & Seymour Street Bus Stop (a one-minute walk away), and Granville Metro Station (a four-minute walk away)

Most affordable coworking space in Vancouver - 1500 West Georgia

1500 West Georgia is a landmark building minutes from Vancouver’s financial district. This 13-floor office space enjoys stunning views of Stanley Park, Coal Harbour, and English Bay. The picturesque backdrop inspires creative thinking.

Starting at CAD 55 per day for a desk, this coworking space is one of the most affordable options in Vancouver. It’s an economical choice for businesses seeking a prime downtown location.

Nearby restaurants, bars, and hotels make this location ideal for hosting clients. Its prime downtown address makes 1500 West Georgia a top choice for affordable coworking.

Highlights include

  • Business lounge
  • Gym and fitness room
  • Showers

Information about 1500 West Georgia

  • Location: 1500 West Georgia, Vancouver, BC V6G 2Z6
  • Starting cost: From CAD 309 per month
  • Opening hours: 24-hour access for Private Office and Dedicated Desk members, 8:30 am to 5:30 pm weekday access for other members
  • Nearby transport links: EB W Georgia St @ Cardero St Bus Stop (a one-minute walk away), WB W Georgia St @ Cardero St Bus Stop (a one-minute walk away), and WB Robson St @ Cardero St Bus Stop (a three-minute walk away)

Best coworking space for larger companies in Vancouver - Robson Square

Robson Square is adjacent to the Vancouver Art Gallery and popular hotels and boasts a prestigious address perfect for larger companies.

The building’s modern, ergonomic furniture, fast WiFi, and light-filled workspaces cater to the dynamic needs of big teams. Its striking 20-story glass tower leaves a lasting impression, underscoring a professional and sophisticated environment.

On-site meeting rooms pair with nearby cafes like Bellagio and Artigiano for convenient spots for informal discussions and coffee breaks.

This location is ideal for large companies seeking a collaborative and professional environment. It promotes teamwork and networking in the heart of Vancouver’s business district.

Highlights include

  • On-site parking
  • Bicycle storage
  • Showers

Information about Robson Square

  • Location: 777 Hornsby Street, Vancouver, BC V6Z 1S4
  • Starting cost: From CAD 405 per month
  • Opening hours: 24-hour access for Private Office and Dedicated Desk members, 8:30 am to 5:30 pm weekday access for other members
  • Nearby transport links: SB Burrard St @ W Georgia St Bus Stop (a two-minute walk away), Howe & Robson Bus Stop (a two-minute walk away), and Vancouver City Centre Metro Station (a five-minute walk away)

Discover coworking offices in Vancouver with Regus

Growing your business in Vancouver starts with finding the right office space for your needs. You can choose from lively coworking spaces or private offices for a steady home base. At Regus, each option comes with all the essentials your business needs.

Find the best coworking space in Vancouver to boost your business by getting in touch today.

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